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Map
$9,500,000
↓ $750K (7.3%)
●
Commercial -
For Sale
118 S Cedros Ave
Solana Beach, CA 92075
Studio
0 Bath
10382 Sqft
$46,647
Estimated Monthly
$0
HOA / Fees
About This Property
AVAILABLE FOR THE FIRST TIME IN 50 YEARS! Introducing a
once-in-a-lifetime chance to acquire a remarkable retail location
in the highly coveted World Famous Designer District on Cedros
Street, situated in the vibrant community of Solana Beach. For the
first time in half a century, this extraordinary property has
emerged onto the market, making it an exceptionally rare
opportunity for discerning investors. Property is 100%
occupied with 2 well established tenants that have 2 years
remaining plus One 5-Year option. Nestled within a thriving
commercial hub, vacancies in this area are a rarity, underscoring
the immense value and desirability of this offering. A mere 30 feet
away from the prominent intersection of Lomas Santa Fe Drive and
Cedros. The Cedros Design District boasts a lively atmosphere,
attracting a diverse clientele of discerning shoppers and design
enthusiasts. The prime location of these two separate 4,790sf and
5592sf spaces offers tremendous flexibility, catering to a range of
businesses and commercial ventures. Combine the two units
(10,380 SF) seamlessly to create an expansive retail haven that
will leave an indelible mark on the vibrant Solana Beach community.
With a combined total of 17,662 cars passing by daily, your
business will benefit from unparalleled exposure to a captive
audience of potential customers. Adding to the allure of this
remarkable location is its proximity to the renowned Belly Up Music
Venue, a renowned cultural landmark that draws music aficionados
from near and far. Now is the time to seize this
extraordinary opportunity to own a large retail location in the
World Famous Designer District on Cedros Street. With its unmatched
visibility, exceptional foot traffic, and the buzz of cultural
activity surrounding it, this property promises to be a gateway to
unparalleled business success and prosperity.
The manager has listed the unit size as 10382 square feet.
The manager has listed the unit size as 10382 square feet.
Unit Size
10,382Ft²
Days on Market
300 days
Land Size
-
Price per sqft
$915
Property Type
Commercial
Property Taxes
-
HOA Dues
-
Year Built
-
Listed By
Last updated: 3 days ago (MRMLSCA #NDP2305147)
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Apr 26, 2024 | Price Decreased |
$9,500,000
↓ $750K
(7.3%)
|
|
Price Decreased | |||
Dec 2, 2023 | Price Decreased |
$10,250,000
↓ $500K
(4.7%)
|
|
Price Decreased | |||
Jul 3, 2023 | Listed by Coldwell Banker West | $10,750,000 | |
Listed by Coldwell Banker West |
Property Highlights
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Active
House
5
Beds
5.5
Baths
5,297 ft²
$1,878/ft²
$9,950,000
May 8, 2023
-
-
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|
Building Info
118 South Cedros Avenue
118 South Cedros Avenue, Solana Beach, CA 92075
- 1 Unit for Sale